Portfolio Patriotism - Domestic Market Optimism or Inadvertent Asset Allocation?

Pension Professionals |
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Globalization of the world economy has increased exposure to international investments, yet equity portfolios in general remain largely home biased today. This may be a good time for participants to reevaluate their asset allocation to see if they may be exhibiting a home country bias— or displaying overly optimistic expectations about the domestic market and/or pessimism about foreign markets.

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